Many people are suggesting me to pay off student loans even though the government is not pressurising me. I am saving money for may marriage in December. What should I do? I owe around $80,000 on student loans. So, what should I do?
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
I guess you have taken a federal student loan. Repaying a student loan is a long term process like a mortgage loan. But you cannot wait for a long time to get married. That is why my suggestion is first to concentrate on your marriage. You have merely 2 month's time for marriage preparation.
So, first of all, concentrate on your marriage. For student loan debt, talk to the student loan representative.
This can be an ideal strategy.
Sub: #1 posted on Thu, 10/29/2020 - 00:19Ryan Miller
(Posts: 249 | Credits: )
Yes, you want to enjoy but won't it be better to have a better life after marriage than enjoying a lot and then remain stressed about paying back debt!
Sub: #2 posted on Fri, 11/06/2020 - 07:25Mabelle Page
(Posts: 295 | Credits: )